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Sign-up reminder for 1099-S Year-End Processing

Holiday time is also time to get ready for year-end tax work. If you've used Standard Solutions' 1099-S preparation service in the past, you know this is the pain-free way to prepare your filing. If you've never tried us before, take a minute to consider the costs of preparing forms by hand, or the expense of hiring an outside accounting service to do it for you.

Standard Solutions' 1099-S Year-End Processing Service:

Standard's Year-End Processing (YEP) Service will prepare an accurate 1099-S filing that meets all IRS requirements, ready for uploading at the IRS Web site. Our tailored reports let you make sure no data is missing, helping you avoid errors and ensure your filing is on time.

Because we can extract your data directly from Standard Conveyancer, you'll find great savings over the costs of labor-intensive manual processes.

Don't miss the deadline for the early sign-up discount!

Read more about our Year-End Processing Service on our Web site. Or, if you already know the details, go directly to the fee, deadline, and early sign-up discount information to sign up for this year.

HUD releases new RESPA rules; new HUD-1 and 1A

The U.S. Department of Housing and Urban Development last week released the long-expected revision to the Real Estate Settlement Procedures Act. The new RESPA includes new HUD-1 and HUD-1A settlement statements that report information corresponding to the borrower's new standardized Good Faith Estimate.

Use of the new GFE and settlement statements is not required until January 1, 2010.

These new HUD forms will require extensive revisions to the data entry screens and forms you use in Standard Conveyancer. Watch this space for more information in the near future on how and when these changes will be implemented.

November 17, 2008


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